Fed's Hamaker: Inflation Remains Above Target, Time to Act Now

Grayscale Research stated in a report that Zcash (ZEC), a privacy-focused, Bitcoin-like decentralized digital currency, is poised to pose a genuine challenge to Bitcoin’s network effects. Grayscale highlighted Zcash’s unique advantages over Bitcoin: robust financial privacy, ongoing development to mitigate cybersecurity risks from quantum computing, and cross-chain connectivity via "intents" technology—traits that could grow increasingly critical in the AI-driven surveillance era. The firm noted ZEC has rallied roughly 19 times over the past year, yet its current market capitalization remains less than 1% of Bitcoin’s. Grayscale added this indicates there is still room for competition in the monetary crypto asset segment, suggesting Zcash could continue to expand its market share. However, the firm also stressed that investing in Zcash carries high risk; even if it successfully challenges Bitcoin, its growth is unlikely to be linear.

According to market data from BIT (Bit.com), NVIDIA’s stock price rally has widened to 8.22%, marking its largest single-day gain since April 2025, with a total market capitalization of $5.47 trillion.

According to GMGN market data, the meme coin CASHCAT on the Robinhood Chain ecosystem once reached a market capitalization of $256 million, surging 26.9% in 24 hours to hit a new all-time high.

Trade.xyz announced that the perpetual market for State Street SPDR S&P Biotech ETF (XBI) is now live, supporting 10x leverage and offering 24/7, 365-day trading. Each XBI unit corresponds to one share of the State Street SPDR S&P Biotech ETF and is priced in U.S. dollars. The ETF is listed on NYSE Arca and tracks the S&P Biotechnology Select Industry Index, an adjusted equal-weight index covering U.S. biotech companies.

According to HTX market data, HYPE briefly hit a historical high of $84.825, and is currently trading at $84.3, with a 3.59% gain in the past 24 hours.

Spokesperson of Iran's Islamic Revolutionary Guard Corps Hossein Mohebi said on the 26th that Iran and Oman have reached a mutually acceptable agreement on the proportion of waters each controls in the Strait of Hormuz and the distribution of benefits. However, a senior Iranian source stated that the two sides are still negotiating the specific details. Earlier this month, Iran had announced that the agreement was near completion. Iran also accused the US of continuously obstructing the Iran-Oman negotiations, leading to delays in the negotiation process. (CCTV News)